Sprouts Farmers Market LLC (SFM)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 380,601 | 258,856 | 261,164 | 244,157 | 287,450 |
| Total assets | US$ in thousands | 3,640,700 | 3,327,430 | 3,070,380 | 2,923,120 | 2,806,400 |
| ROA | 10.45% | 7.78% | 8.51% | 8.35% | 10.24% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $380,601K ÷ $3,640,700K
= 10.45%
Sprouts Farmers Market LLC's return on assets (ROA) has shown some fluctuations over the years. The ROA was 10.24% on December 31, 2020, indicating that for each dollar of assets, the company generated a return of 10.24 cents. This figure decreased to 8.35% by December 31, 2021, but slightly improved to 8.51% by December 31, 2022. However, by December 31, 2023, the ROA declined to 7.78%, which may suggest a decrease in the company's efficiency in generating profit from its assets.
The most recent data point shows a positive trend, with the ROA rebounding to 10.45% on December 31, 2024. This could indicate an improvement in the company's asset utilization and profitability. Overall, despite some fluctuations, Sprouts Farmers Market LLC's ROA has shown resilience and a potential for growth based on the latest data.
Peer comparison
Dec 31, 2024